ANGEL ONE - Trend Analysis - Swing Trading
1. Forming Inverted head and shoulder patterns in the weekly timeframe.
2. First target will be 1450, it may hit in a week span... This should be a very quick swing trading... more than 10% return in a week...
3. If it crosses 1450 then it will complete the inverted head and shoulder patterns, the target will be 1800 to 1820... It may take several weeks.
4. If it crosses the all-time high of 2020 then the target will be more than 2500+.... this may take several months and there should be a lot of retracements.
5. All provided the Nifty smallcap will be on a positive trend...
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
1. Forming Inverted head and shoulder patterns in the weekly timeframe.
2. First target will be 1450, it may hit in a week span... This should be a very quick swing trading... more than 10% return in a week...
3. If it crosses 1450 then it will complete the inverted head and shoulder patterns, the target will be 1800 to 1820... It may take several weeks.
4. If it crosses the all-time high of 2020 then the target will be more than 2500+.... this may take several months and there should be a lot of retracements.
5. All provided the Nifty smallcap will be on a positive trend...
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...